NOT LISTED FOR SALE

7018 Palamar Terrace Lanham, MD 20706

Estimated Value: $319,000 - $366,000

3 Beds
1.5 Baths
1,214 Sq Ft
$284/Sq Ft Est. Value

Last Sold October 22, 2015

Last sale price $143,768 $118 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $2,230/month

595 Days on Market

Highlights

  • Colonial Architecture
  • On-Site Parking for Sale
  • 90% Forced Air Heating and Cooling System
  • Breakfast Area or Nook

About This Home

As of October 2015

Short Sale has been approved at $151,268 in Sought After Community. 3BR,2.5BA, LR,DR, Kitchen and Fully Finished Basement. .Sold AS IS. Call Office.

Last Agent to Sell the Property

Al Powell

(202) 369-3399 albertpar3@gmail.com RE/MAX Leading Edge License #517973 Listed on: 02/18/2014

RE/MAX Leading Edge

Last Buyer's Agent

Brandon Foster

(240) 583-1183 realtorbrandonfost@gmail.com Realty One Group Performance, LLC

Realty One Group Performance, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,299

Year Built

  • Built in 1980

Lot Details

  • 1,550 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • On-Site Parking for Sale

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Finished Basement
  • Rear Basement Entry

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Range Hood

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1.5 Bathrooms

Utilities

  • 90% Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • Woodstream Village Plat Subdivision

Listing and Financial Details

  • Tax Lot 158
  • Assessor Parcel Number 17141571959
  • $305 Front Foot Fee per year

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,299

Year Built

Built in 1980

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1980
  • Special Assessment Payment: Annually
  • Special Features: 12
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Range Hood, Refrigerator, Oven/Range - Gas
  • Interior Amenities: Breakfast Area
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Rear Entrance, Fully Finished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: On-Site - Sale

Utilities

  • Refuse: 356.32
  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 75.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 82000.00
  • Land Assessed Value: 100000.00
  • Lot Size Acres: 0.04
  • Lot Size Area: 1550
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1550.00
  • Zoning: RT

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14586679
  • Tax Annual Amount: 3299.27
  • Assessor Parcel Number: 17141571959
  • Tax Lot: 158
  • Tax Page Number: 246
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

Multi Family

  • Front Foot Fee: 305.41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2022
Sold by
Williams Charles E and Ledbetter Alisa D
Bought by
Williams Charles E and Williams Alisa D
Current Estimated Value
$345,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,500
Outstanding Balance
$194,589
Interest Rate
5%
Mortgage Type
FHA
Estimated Equity
$150,600

Purchase Details

Closed on
Jan 27, 2005
Sold by
Oduro Jacinta
Bought by
Williams Charles E Jr Etal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,600
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2004
Sold by
Oduro Jacinta
Bought by
Williams Charles E Jr Etal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,600
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2002
Sold by
Spell Lisa R
Bought by
Oduro Jacinta

Purchase Details

Closed on
Sep 27, 2000
Sold by
Williamson Jerome
Bought by
Spell Lisa R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Williams Charles E -- Millennium Title
Williams Charles E Jr Etal $228,000 --
Williams Charles E Jr Etal $228,000 --
Oduro Jacinta $142,000 --
Spell Lisa R $125,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Charles E $203,500
Previous Owner Williams Charles E Jr Etal $216,600
Previous Owner Williams Charles E Jr Etal $216,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2015 10/22/15 Sold $143,768 -5.0% $118 / Sq Ft
10/06/2015 10/06/15 Pending -- -- --
10/01/2015 10/01/15 For Sale $151,268 +5.2% $125 / Sq Ft
03/05/2015 03/05/15 Pending -- -- --
03/02/2015 03/02/15 Off Market $143,768 -- --
03/01/2015 03/01/15 For Sale $151,268 +5.2% $125 / Sq Ft
02/17/2015 02/17/15 Off Market $143,768 -- --
12/27/2014 12/27/14 Price Changed $151,268 +5.2% $125 / Sq Ft
12/22/2014 12/22/14 Price Changed $143,768 0.0% $118 / Sq Ft
12/22/2014 12/22/14 For Sale $143,768 -5.0% $118 / Sq Ft
12/09/2014 12/09/14 Pending -- -- --
11/20/2014 11/20/14 Price Changed $151,268 0.0% $125 / Sq Ft
11/20/2014 11/20/14 For Sale $151,268 +5.2% $125 / Sq Ft
02/28/2014 02/28/14 Pending -- -- --
02/25/2014 02/25/14 Off Market $143,768 -- --
02/22/2014 02/22/14 For Sale $132,000 -8.2% $109 / Sq Ft
02/18/2014 02/18/14 Off Market $143,768 -- --
02/18/2014 02/18/14 For Sale $132,000 -- $109 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,047 $295,300 $75,000 $220,300
2024 $4,047 $279,933 $0 $0
2023 $3,904 $264,567 $0 $0
2022 $3,723 $249,200 $75,000 $174,200
2021 $3,551 $234,500 $0 $0
2020 $3,459 $219,800 $0 $0
2019 $2,937 $205,100 $100,000 $105,100
2018 $3,264 $203,933 $0 $0
2017 $3,219 $202,767 $0 $0
2016 -- $201,600 $0 $0
2015 $3,124 $195,500 $0 $0
2014 $3,124 $189,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Al Powell

    Seller's Agent in 2015

    Al Powell

    RE/MAX

    (202) 369-3399

    23 Total Sales

    Al Powell
    Section Image
  • Brandon Foster

    Buyer's Agent in 2015

    Brandon Foster

    Realty One Group Performance, LLC

    (240) 583-1183

    22 Total Sales

    Brandon Foster
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002844202

Bright MLS

APN: 14-1572452

Maryland Prince George's County Lanham 20706

7018 Palamar Terrace, Lanham, MD

Not Listed for Sale

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